Duke/UNC Corporate Finance Conference

Duke/UNC Corporate Finance Conference Program
March 10-11, 2011
Fuqua School of Business, Duke University

Thursday, March 10, 2011

5:00PM Cocktail Reception, location Kirby Winter Garden

6:00PM Joint Dinner with Duke/Kauffman Entrepreneurship Conference
Keynote Speaker: Andrew Metrick, Yale University
Location: Faculty Hall, Fuqua School of Business

Friday, March 11, 2011

SESSIONS: Dansby Classroom, Fuqua School of Business
REGISTRATION: Breeden Hall Mallway, outside of Dansby Classroom

Session 1: Agency and Trade
Session Chair: Naveen Khanna (Michigan State University)

8:30 – 9:10 Agency Conflicts and Cash: Estimates from a Structural Model
Boris Nikolov (University of Rochester) and Toni Whited (University of Rochester)
Discussant: Hui Chen (MIT)

9:10 - 9:50 Poultry in Motion: A Study of International Trade Finance Practices
Pol Antras (Harvard University) and Fritz Foley (Harvard Business School)
Discussant: Mitchell Petersen (Northwestern University)

9:50 - 10:30 Smart Buyers
Mike Burkart (Stockholm School of Economics and London School of Economics) and Samuel Lee (New York University)
Discussant: Uday Rajan (University of Michigan)

10:30 - 10:50 COFFEE BREAK

Session 2: Mergers and Acquisitions
Session Chair: Anil Shivdasani (UNC Chapel Hill)

10:50 – 11:30 R&D and the Market for Acquisitions
Gordon Phillips (University of Maryland) and Alexei Zhdanov (University of Lausanne and Swiss Finance Institute)
Discussant: Raj Singh (University of Minnesota)

11:30 – 12:10 CEO Preferences and Acquisitions
Dirk Jenter (Stanford University) and Katharina Lewellen (Dartmouth College)
Discussant: Rebecca Zarutskie (Duke University)

12:10 - 1:30 LUNCH – Faculty Hall, Fuqua School of Business

Session 3: Ratings and Regulation
Session Chair: Patrick Bolton (Columbia University)

1:30 - 2:10 Feedback Effects of Credit Ratings
Gustavo Manso (MIT)
Discussant: Christian Opp (University of Pennsylvania)

2:10 - 2:50 Did Unconventional Interventions Unfreeze the Credit Market? Some International Evidence
Hui Tong (IMF) and Shang-Jin Wei (Columbia University)
Discussant: Pab Jotikasthira (UNC Chapel Hill)

2:50-3:10 COFFEE BREAK

Session 4: High End Labor Markets
Session Chair: Manju Puri (Duke University)

3:10-3:50 To Each According to His Ability? The Returns to CEO Talent
Antonio Falato (Federal Reserve Board), Dan Li (Federal Reserve Board), and Todd Milbourn (Washington University in St Louis)
Discussant: Carola Frydman (MIT)

3:50 - 4:30 Bankers and Regulators
Phillip Bond (University of Minnesota) and Vincent Glode (University of Pennsylvania)
Discussant: Robert Marquez (Boston University)

4:30 CONFERENCE ADJOURNS



	Duke/UNC Corporate Finance Conference Program March 10-11, 2011 Fuqua School of Business, Duke University Thursday, March 10, 2011 5:00PM Cocktail Reception, location Kirby Winter Garden 6:00PM Joint Dinner with Duke/Kauffman Entrepreneurship Conference Keynote Speaker: Andrew Metrick, Yale University Location: Faculty Hall, Fuqua School of Business Friday, March 11, 2011 SESSIONS: Dansby Classroom, Fuqua School of Business REGISTRATION: Breeden Hall Mallway, outside of Dansby Classroom Session 1: Agency and Trade Session Chair: Naveen Khanna (Michigan State University) 8:30 – 9:10 Agency Conflicts and Cash: Estimates from a Structural Model Boris Nikolov (University of Rochester) and Toni Whited (University of Rochester) Discussant: Hui Chen (MIT) 9:10 - 9:50 Poultry in Motion: A Study of International Trade Finance Practices Pol Antras (Harvard University) and Fritz Foley (Harvard Business School) Discussant: Mitchell Petersen (Northwestern University) 9:50 - 10:30 Smart Buyers Mike Burkart (Stockholm School of Economics and London School of Economics) and Samuel Lee (New York University) Discussant: Uday Rajan (University of Michigan) 10:30 - 10:50 COFFEE BREAK Session 2: Mergers and Acquisitions Session Chair: Anil Shivdasani (UNC Chapel Hill) 10:50 – 11:30 R&D and the Market for Acquisitions Gordon Phillips (University of Maryland) and Alexei Zhdanov (University of Lausanne and Swiss Finance Institute) Discussant: Raj Singh (University of Minnesota) 11:30 – 12:10 CEO Preferences and Acquisitions Dirk Jenter (Stanford University) and Katharina Lewellen (Dartmouth College) Discussant: Rebecca Zarutskie (Duke University) 12:10 - 1:30 LUNCH – Faculty Hall, Fuqua School of Business Session 3: Ratings and Regulation Session Chair: Patrick Bolton (Columbia University) 1:30 - 2:10 Feedback Effects of Credit Ratings Gustavo Manso (MIT) Discussant: Christian Opp (University of Pennsylvania) 2:10 - 2:50 Did Unconventional Interventions Unfreeze the Credit Market? Some International Evidence Hui Tong (IMF) and Shang-Jin Wei (Columbia University) Discussant: Pab Jotikasthira (UNC Chapel Hill) 2:50-3:10 COFFEE BREAK Session 4: High End Labor Markets Session Chair: Manju Puri (Duke University) 3:10-3:50 To Each According to His Ability? The Returns to CEO Talent Antonio Falato (Federal Reserve Board), Dan Li (Federal Reserve Board), and Todd Milbourn (Washington University in St Louis) Discussant: Carola Frydman (MIT) 3:50 - 4:30 Bankers and Regulators Phillip Bond (University of Minnesota) and Vincent Glode (University of Pennsylvania) Discussant: Robert Marquez (Boston University) 4:30 CONFERENCE ADJOURNS

Duke/UNC Corporate Finance Conference Program March 10-11, 2011 Fuqua School of Business, Duke University

Duke/UNC Corporate Finance Conference Program
March 10-11, 2011
Fuqua School of Business, Duke University